Two companies to get Utah tax incentives to create jobs
Published Sep 13, 2012 05:59PM MDT
Two companies received tax incentives from the Governor’s Office of Economic Development Board on Thursday.
BioFire Diagnostics Inc., a Utah company that develops and manufacturers instruments to identify pathogens, will receive a tax credit worth up to $24.4 million over the next 20 years conditioned upon it creating up to 657 jobs.
The company, which is based in Salt Lake City and recently changed its name from Idaho Technology, plans to invest as much as $50 million in new capital to expand i...